2004 Ford GT$485Kest $556K16.1%2019 McLaren 720S Spider$254Kest $254K4.1%2005 Ferrari F430 Spider$166Kest $199K26.4%2007 Porsche 997.1 Turbo$121Kest $135K9.8%2003 Lamborghini Gallardo 5.0$118Kest $124K19.0%2006 Ford GT Heritage Edition$725Kest $761K3.3%1954 Porsche 356 Speedster$285Kest $315K43.9%2012 McLaren MP4-12C Spider$109Kest $110K8.5%2000 Ferrari 360 Spider$104Kest $109K6.2%2006 Lamborghini Gallardo Spyder 5.0$102Kest $147K2.0%2022 Porsche 992.1 GT3 Touring$281Kest $282K6.5%1984 Ferrari Testarossa$174Kest $194K15.9%2019 McLaren GT Coupe$152Kest $147K4.6%2014 McLaren 650S Spider$133Kest $141K8.1%1985 Ferrari 328 GTS$130Kest $120K36.1%1990 Porsche 964 Carrera 2$108Kest $117K2.7%2023 Porsche 992.1 GT3 RS$421Kest $413K3.8%1999 Ferrari 360 Modena$110Kest $115K5.0%2020 Porsche 992.1 Turbo S$246Kest $243K4.6%1996 Ferrari 550 Maranello$228Kest $269K27.2%2014 Porsche 991.1 GT3$212Kest $179K71.0%2011 Ferrari FF$143Kest $149K19.3%2021 Porsche 992.1 GT3$270Kest $315K6.2%1995 Ferrari F355 Spider$140Kest $140K57.1%2011 Ferrari 458 Spider$282Kest $326K12.8%1997 Porsche 993 Carrera S$206Kest $199K9.0%2002 Ferrari 575M Maranello$135Kest $127K0.8%2020 Porsche 992.1 Carrera S$128Kest $141K19.8%1995 Porsche 993 Turbo$330Kest $301K40.6%2016 Ferrari GTC4Lusso V12$185Kest $178K0.6%
Cars / Mazda / MX-5Live
1989 Mazda MX-5

✦ Shifty Estimate

$13,600

16.9% · 12 mo
High confidence$7K to $19K
12 months median
$12K
Sales, 12 months
44
Original MSRP
$13,800 · ▼ 1% since

Track this car in the app

Get its live Shifty Estimate, price alerts, and every sale on your phone.

1989 Mazda MX-5

1989 to 1997 · Convertible

Price history

$10k$20k$30k$40kAug 2023202420252026✦ SHIFTY ESTIMATE TODAY $14k
Sold Bid, not sold
139 sales · 4 unsoldmedian $12kupdated Jul 2026

Specifications

Engine
Inline-4, 1.6L
Power
116 hp
Torque
100 lb-ft
0 to 60
8.6s
Top speed
114 mph
Transmission
Manual
Drivetrain
RWD
Original MSRP
$13,800
Designer
Tom Matano

Common questions

How much does a Mazda MX-5 cost?

A 1989 Mazda MX-5 cost $13,800 new. Over the past 12 months, 44 have sold publicly at a median of $11,925. The Shifty Estimate for a well-kept example is $13,600. Cars have changed hands anywhere from $6,770 to $19,025, depending on mileage, color, and history.

What is a 1989 Mazda MX-5 worth today?

The Shifty Estimate is $13,600, up 16.9% over the past 12 months. Confidence is high: 44 public sales in a year gives a firm read.

Is a Mazda MX-5 a good investment?

It has depreciated 1% against its $13,800 list price. Values are up 16.9% over the past 12 months. The caution is spread, not direction: across the sales we have on file, prices ran from $6,069 to $21,500, and mileage explains most of that.

What has a Mazda MX-5 sold for at auction?

The 3 most recent public sales we have on file:

  • $20,000Jul 27, 2026Montego Blue (M8) · 6,000 mi
  • $6,069Jul 24, 2026Laguna Blue · 87,000 mi
  • $11,250Jul 22, 2026Classic Red · 32,000 mi

The original NA Miata represents one of automotive history's most successful revival stories, single-handedly resurrecting the affordable roadster market that had been dormant since the late 1970s. Mazda's brilliant execution combined classic British roadster proportions with Japanese reliability, delivering 50/50 weight distribution and a rev-happy 1.6-liter (later 1.8-liter) twin-cam four that made every drive engaging. With just 2,116 pounds to motivate, the Miata proved that lightweight engineering trumps raw power. Early cars featured pop-up headlights and a more analog feel that purists cherish today. Clean, unmodified examples are increasingly sought after as collectors recognize the NA's significance in automotive history. The car's influence spawned an entire generation of modern roadsters, but none captured the original's pure, uncomplicated joy quite like Mazda's first attempt at recapturing the magic of classic British sports cars.